SUM.ASX
Brazil’s rare earths industry working hard to overtake China’s dominance, ASX explorers poised to benefit
Mining heavyweight Brazil is working hard to overtake China as the world’s dominant source of rare earth elements (REE) production and processing. The Latin American nation’s rare earths mining industry has just started to gain momentum despite having been a major mining destination for decades. Established mining industry regulations and lower labour costs compared to […]
Summit Minerals’ maiden exploration at Equador niobium and rare earths project returns high-grade assays
Summit Minerals (ASX: SUM) has reported a series of high-grade assays from maiden exploration at its Equador niobium and rare earths project in Brazil. The company discovered multiple new pegmatite and historic mine workings across the tenement holding. It has also visually identified minerals such as columbite, tantalite, tourmaline and mica that host niobium, tantalum […]